Devon Energy Corporation and Coterra Energy Inc. have completed their previously announced all-stock merger, creating a large-scale shale producer with a strengthened position in the Delaware basin and expanded operations across several major U.S. resource plays.
Sun Petrochemicals Pvt. Ltd. has selected Sercel WiNG 3C nodes for what the companies described as India’s first 3C MEMS nodal seismic survey, marking a technology milestone for the country’s upstream sector.
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 2.3 million barrels from the week ending April 24 to the week ending May 1.
A drill stem test (DST) confirmed the preliminary assessment of about 5 trillion cubic feet (Tcf) of natural gas and 300 million barrels of condensate in the Geliga-1 discovery in the Kutei Basin offshore Indonesia, Eni SpA said Thursday
Devon Energy and Coterra Energy have completed their previously announced USD 58-billion all-stock merger to create a major US shale operator, the company said on Thursday.
The US and Iran clashed near the Strait of Hormuz, an escalation that threatens to further fracture a fragile ceasefire as the two sides discuss a permanent end to the war.
Pakistan on Wednesday issued a tender seeking to urgently buy two LNG cargoes for delivery later this month as the country struggles to cope with a gas and power crisis amid disrupted LNG supplies from the Middle East.
Delfin Midstream has signed a long-term agreement with Gunvor International for the supply of LNG from its deepwater export facility in the US Gulf, Delfin announced on Wednesday.
The Australian government said Wednesday it will include a AUD-10 billion ($7.26 billion) Australian Fuel Security and Resilience package in the federal budget next week.
Equinor ASA has reported $3.7 billion, or $1.48 per share, in net income adjusted for nonrecurring items for the first quarter (Q1), more than double that of the same three-month period last year on higher production and higher oil prices.